TREASURY APPRENTICE

Hungry for challenges? Join a group with innovation at its heart and contribute to the automotive revolution!

OPmobility is a world-leading provider of innovative solutions for a unique, safer and more sustainable mobility experience. Innovation-driven since its creation, the Group develops and produces intelligent exterior systems, customized complex modules, lighting systems, clean energy systems and electrification solutions for all mobility companies. With a €11.4 billion economic revenue in 2023, a global network of 152 plants and 40 R&D centers, OPmobility relies on its 40,300 employees to meet the challenges of transforming mobility.

Our ambition? Provide automakers with cutting-edge equipment and solutions to develop tomorrow’s clean and connected car.

As part of the Group Treasury Team, you will report to the Group Front Office Manager based in Levallois-Perret ( France).

You will be in charge of supporting daily risk management related operations and daily cash management of the Group and your responsibilities for this position shall cover the below:

Scope: OP Mobility SE & and Burelle SA

1. Risk Management:

• Assistance to the Front Office Manager on daily Forex swaps to ensure sufficient liquidity in all cashpooled currencies;
• Assistance to the Front Office Manager to identify investments opportunities and participate in the short-term funding strategy
• Analysis of cash flows to identify FX exposure at legal entity level in order to propose an efficient hedging strategy;
• Provide support with on-demand market analysis requiring data crunching from Bloomberg

2. Daily Treasury:

• Daily treasury management in KTP (Treasury Management System): ensure all bank statements are correctly received, reconcile actuals with forecasts, ensure all cash pool headers have sufficient funds versus forecasted flows (whether operating or financial flows) and confirm proper execution of financial deals;
• Ensure compliance with any regulation or requirements from the Banks (KYC, FATCA, CRS, etc…) and from the Group (internal control - OPUS rules)
• Reconcile banking fees (including overdraft interests) with negotiated price books on a quarterly basis
• Daily contact with Businesses and banks for cash management and financial operations related topics (price book negotiation, investigation on transactions, etc.)

3. Cash Forecasts:

• Collect daily/weekly/monthly cash forecasts from the Businesses and ensure they come true. Analysis of significant variances alongside the Businesses to have the forecasts updated and improve accuracy for future forecasts
• Continuous improvement of cash forecasting processes (including harmonization) and accuracy

4. Treasury Projects

• Participate in the yearly campaign of dividends and equity injections impacting the Holding entities in partnership with the Accounting and Legal departments
• Lead the bank account rationalization to have a leaner daily treasury management
• Search for optimization in the daily management process and month-end closing to reduce the lead time
• Assist the treasury team in the Treasury Management System whole project of migration

5. Competencies

• English is a must
• Strong communication skills (internal & external interactions)
• Appetite to grow
• Team spirit

As a responsible company, OPmobility pays particular attention to diversity and equality within its teams and the Group commits to treat all job applications equally.